India Fitness Equipment Market (2017-2023): Forecast by Type, End User Applications, Regions and Competitive Landscape

  • ID: 4435779
  • Report
  • Region: India
  • 109 Pages
  • 6W Research
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India Fitness Equipment Market is Projected to Grow at a CAGR of 15% During 2017-2023

FEATURED COMPANIES

  • Acme Fitness Pvt. Ltd.
  • Jerai Fitness Pvt. Ltd.
  • Life Fitness
  • Precor Incorporated
  • MORE

India Fitness Equipment Market (2017-2023): Forecast by Type (Cardiovascular Training Equipment (Treadmills, Elliptical Trainer/Cross Trainer, Stationary Bikes and Others including Rowing, Stair/Stepper machines), Strength Training Equipment (Weights and Single & Multifunctional Strength Training Equipment)), End User Applications (Health Clubs and Gyms, Residential, Commercial Buildings and Other Applications), Regions (Northern, Western, Eastern and Southern) and Competitive Landscape

Increasing number of gyms and health clubs coupled with government efforts towards promoting physical fitness are driving the growth of fitness equipment market in India. In 2017, the Central Government of India has ordered all its offices to facilitate gym facilities. In addition to this, the Department of Personnel and Training (DoPT) is promoting gym set-ups in offices by providing monetary compensation to offices. Additionally, growing consumer preferences towards physical fitness due to surging lifestyle diseases is further pushing the market growth. In terms of market sub-segments, treadmills and stationery bikes emerged as the most preferred cardiovascular training equipment in 2016, however, on account of higher calorie burn ratio, elliptical cross trainers are expected to register higher growth over the coming years.

According to research, the India fitness equipment market is projected to grow at a CAGR of 15% during 2017-2023. The Western region bagged highest revenue share in 2016 with Maharashtra being the major contributor towards the growth of fitness equipment market in particular region. However, over the coming years, the Northern region is projected to exhibit highest growth on account of higher adoption across key states including Punjab, Haryana, Delhi/NCR, and Uttarakhand.

Among different end-user applications, gyms and health clubs bagged highest revenue share followed by commercial applications. In-house fitness centers and health clubs are gaining popularity in fitness equipment market. Hotels, offices, public corporations and educational institutes are offering gym facilities within their premises. Additionally, the commercial segment is forecast to exhibit highest growth rate over the coming years.

The report thoroughly covers fitness equipment market by types, end user applications and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

  • Historical data of Global Fitness Equipment Market for the Period 2014-2016
  • Market Size & Forecast data of Global Fitness Equipment Market until 2023
  • Historical data of India Fitness Equipment Market for the Period 2014-2016
  • Market Size & Forecast data of India Fitness Equipment Market until 2023
  • Historical data of India Fitness Equipment Market, By Types for the Period 2014-2016
  • Market Size & Forecast data of India Fitness Equipment Market, By Types for the Period 2017-2023F
  • Historical data of India Fitness Equipment Market, By Applications for the Period 2014-2016
  • Market Size & Forecast data of India Fitness Equipment Market, By Applications for the Period 2017-2023F
  • Historical data of India Fitness Equipment Market, By Regions for the Period 2014-2016
  • Market Size & Forecast data of India Fitness Equipment Market, By Regions for the Period 2017-2023F
  • Market Drivers and Restraints
  • Market Trends and Opportunities
  • Industry Life Cycle and Value Chain Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Assessment by Types and Applications
  • Competitive Benchmarking and Company Profiles
  • Recommendations

Markets Covered

The report provides detailed analysis of the following market segments:

  • By Types:
    • Cardiovascular Training Equipment:
      • Treadmills
      • Stationery Bikes
      • Elliptical Trainer/Cross Trainer
      • Others (Rowing, Stair/Stepper machines)
    • Strength Training Equipment:
      • Weights
      • Single & Multifunction Strength Machines
  • By End User Applications:
    • Gyms & Health Clubs
    • Commercial
    • Residential
  • By Regions:
    • Northern
    • Southern
    • Western
    • Eastern
READ MORE
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Acme Fitness Pvt. Ltd.
  • Jerai Fitness Pvt. Ltd.
  • Life Fitness
  • Precor Incorporated
  • MORE

1 Executive Summary

2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Assumptions & Methodology

3 Global Fitness Equipment Market Overview
3.1 Global Fitness Equipment Market Revenues (2014-2023F)
3.2 Global Fitness Equipment Market Revenue Share, By Regions (2016)

4 India Fitness Equipment Market Overview
4.1 India Fitness Equipment Market Revenues (2014-2023F)
4.2 India Fitness Equipment Industry Life Cycle
4.3 India Fitness Equipment Market Opportunistic Matrix
4.4 India Fitness Equipment Market Value Chain Analysis
4.5 India Fitness Equipment Market Porter’s Five Forces Model
4.6 India Fitness Equipment Market Revenue Share, By Types (2016 & 2023F)
4.7 India Fitness Equipment Market Revenue Share, By End-User Applications (2016 & 2023F)
4.8 India Fitness Equipment Market Revenue Share, By Regions (2016 & 2023F)

5 India Fitness Equipment Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunity

6 India Fitness Equipment Market Trends
6.1 Surging Media And e-commerce Exposure
6.2 Integration of Smart Technologies in Fitness Equipment
6.3 Partnership of Hotels with Gyms and Health Clubs

7 India Fitness Equipment Market Overview, By Types   
7.1 India Fitness Equipment Market, By Cardiovascular Training Equipment Revenues (2014-2023F)
7.2 India Fitness Equipment Market, By Cardiovascular Training Equipment Revenue Share, By Types (2014-2023F)
7.2.1 India Cardiovascular Training Equipment Market, By Treadmill (2014-2023F)
7.2.2 India Cardiovascular Training Equipment Market, By Bikes (2014-2023F)
7.2.3 India Cardiovascular Training Equipment Market, By Elliptical/Cross Trainers (2014-2023F)
7.2.4 India Cardiovascular Training Equipment Market, By Others (2014-2023F)
7.3 India Fitness Equipment Market, By Strength Training Equipment Revenues (2014-2023F)
7.4 India Fitness Equipment Market, By Strength Training Equipment Revenue Share, By Types (2014-2023F)
7.4.1 India Strength Training Equipment Market, By Weights (2014-2023F)
7.4.2 India Strength Training Equipment Market, By Single & Multifunction Strength Training Machines (2014-2023F)

8 India Fitness Equipment Market Overview, By End User Applications
8.1 India Fitness Equipment Market, By Gyms & Health Clubs (2014-2023F)
8.2 India Fitness Equipment Market Revenues, By Commercial Segment (2014-2023F)
8.3 India Fitness Equipment Market Revenues, By Residential Segment (2014-2023F)

9 India Fitness Equipment Market Overview, By Regions
9.1 India Fitness Equipment Market, By Northern Region (2014-2023F)
9.2 India Fitness Equipment Market, By Southern Region (2014-2023F)
9.3 India Fitness Equipment Market, By Eastern Region (2014-2023F)
9.4 India Fitness Equipment Market, By Western Region (2014-2023F)

10 India Fitness Equipment Market Opportunity Assessment, By Types and Applications

11 India Fitness Equipment Market Competitive Landscape
11.1 India Fitness Equipment Market, By Players’ Revenue Share (2016)
11.2 India Fitness Equipment Market, By Operating Parameters

12 Company Profiles
12.1 Jerai Fitness Pvt. Ltd.
12.2 Acme Fitness Pvt. Ltd.
12.3 (Aerofit) Nityasach Fitness Pvt. Ltd.
12.4 (Star Trac) Core Health & Fitness LLC
12.5 Precor Incorporated
12.6 Life Fitness
12.7 Hoist Fitness Systems, Inc.

13 Key Strategic Notes   

14 Disclaimer

List of Figures
Figure 1 Global Fitness Equipment Market Revenues, 2014-2023F ($ Billion)
Figure 2 Global Fitness Equipment Market Revenue Share, By Regions (2016)
Figure 3 India Fitness Equipment Market Revenues, 2014-2023F ($ Million)
Figure 4 India Fitness Industry Market Segments Revenue Share (2015)
Figure 5 Percentage Adoption Of Different Fitness Trends In India (2015)
Figure 6 India Fitness Equipment Market Industry Life Cycle (2016)
Figure 7 India Fitness Equipment Market Revenue Share, By Types (2016)
Figure 8 India Fitness Equipment Market Revenue Share, By Types (2023F)
Figure 9 India Fitness Equipment Market Revenue Share, By Applications (2016)
Figure 10 India Fitness Equipment Market Revenue Share, By Applications (2023F)
Figure 11 Diabetes & Heart Disease Cases In India (Million)
Figure 12 India Middle Class Household Income Share in National Consumer Income (2017E)
Figure 13 India Residential Space Demand-Supply Overview (2015)
Figure 14 India Urban-Rural Housing Shortage, 2001-2015 (In Million)
Figure 15 India Fitness Equipment Market Revenues, By Cardiovascular Training Equipment, 2014-2023F ($ Million)
Figure 16 India Cardiovascular Training Equipment Market Revenue Share, By Types (2016)
Figure 17 India Cardiovascular Training Equipment Market Revenue Share, By Types (2023F)
Figure 18 India Cardiovascular Training Equipment Market Revenues, By Treadmill, 2014-2023F ($ Million)
Figure 19 India Cardiovascular Training Equipment Market Revenues, By Bikes, 2014-2023F ($ Million)
Figure 20 India Cardiovascular Training Equipment Market Revenues, By Elliptical/Cross Trainers, 2014-2023F ($ Million)
Figure 21 India Cardiovascular Training Equipment Market Revenues, By Others, 2014-2023F ($ Million)
Figure 22 India Fitness Equipment Market Revenues, By Strength Training Equipment, 2014-2023F ($ Million)
Figure 23 India Strength Training Equipment Market Revenue Share, By Types (2016)
Figure 24 India Strength Training Equipment Market Revenue Share, By Types (2023F)
Figure 25 India Strength Training Equipment Market Revenues, By Weights, 2014-2023F ($ Million)
Figure 26 India Strength Training Equipment Market Revenues, By Single & Multifunction Strength Machines, 2014-2023F ($ Million)
Figure 27 India Fitness Equipment Market Revenues, By Gyms & Health Clubs, 2014-2023F ($ Million)
Figure 28 Gyms & Health Clubs Revenue Share (2016 & 2023F)
Figure 29 India Fitness Equipment Market Revenues, By Commercial, 2014-2023F ($ Million)
Figure 30 Commercial Applications’ Revenue Share (2016 & 2023F)
Figure 31 India Hospitality Market, By No. of Hotels, 000’s (2013-2022F)
Figure 32 India Hospitality Market, By Occupancy Vs No. of Rooms (Top 8 Cities)
Figure 33 Market Size Of Private Hospitals in India ($ Billion)
Figure 34 Number Of Hospitalized Cases in India (In Million)
Figure 35 Shares in Healthcare Spending in India, 2015
Figure 36 India Fitness Equipment Market Revenues, By Residential Consumers, 2014-2023F ($ Million)
Figure 37 Residential Applications’ Revenue Share, 2016 & 2023F
Figure 38 India Fitness Equipment Market Revenues, By Northern Region, 2014-2023F ($ Million)
Figure 39 Northern Region Population Distribution, India (Million)
Figure 40 India Fitness Equipment Market Revenues, By Southern Region, 2014-2023F ($ Million)
Figure 41 Southern Region Population Distribution, India (In Million)
Figure 42 India Fitness Equipment Market Revenues, By Western Region, 2014-2023F ($ Million)
Figure 43 Western Region Population Distribution, India (In Million)
Figure 44 India Fitness Equipment Market Revenues, By Eastern Region, 2014-2023F ($ Million)
Figure 45 Eastern Region Population Distribution, India (In Million)
Figure 46 India Fitness Equipment Market Opportunity Matrix, By Types (2023F)
Figure 47 India Fitness Equipment Market Opportunity Matrix, By Applications (2023F)
Figure 48 India Fitness Equipment Market Revenue Share, By Players (2016)

List of Tables   
Table 1 Obesity Proportion in India
Table 2 Equipment for Gym Set up in Government Offices
Table 3 India Fitness Equipment Market Revenues-By Cardiovascular Training Equipment 2014-2023F ($ Million)
Table 4 India Fitness Equipment Market Revenues-By Strength Training Equipment 2014-2023F ($ Million)
Table 5 Key Upcoming Retail Projects in India
Table 6 India Fitness Equipment Market Revenues, By Players (2016)

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  • Acme Fitness Pvt. Ltd.
  • Core Health & Fitness (Star Trac) LLC
  • Hoist Fitness Systems, Inc.
  • Jerai Fitness Pvt. Ltd.
  • Life Fitness
  • Nityasach Fitness (Aerofit) Pvt. Ltd.
  • Precor Incorporated
Note: Product cover images may vary from those shown
5 of 6
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